Advertising watchdog dubs Innocent ads misleading on environmental claims February 23, 2022 Adverts from smoothie brand Innocent have been banned for exaggerating the environmental benefit of their drinks. The advertising watchdog concluding adverts, shown on TV, YouTube and video on demand, were misleading. The adverts showed animated characters singing the lyrics: “We’re messing up the planet. We’re messing up real good,” in front of buildings and cars [...]
Largest Roman mosaic found in London for over 50 years February 22, 2022 Archaeologists from MOLA (Museum of London Archaeology) have discovered a mosaic that was once the floor of a Roman dining room, in a “once-in-a-lifetime find”. Situated near The Shard, the uncovered mosaic features two decorated panels set within a red tessellated floor. The design – which features lotus flowers and a pattern known as Solomon’s [...]
Storm Eunice dampens retailers’ hopes for half term footfall boost February 22, 2022 Bad weather dampened high streets’ recovery last week with retail footfall dropping 3.8 per cent across the country. Retailers were hoping for a booming half term, however all three types of retail destinations – high streets, retail parks and shopping centres – marked a footfall drop. According to retail experts Springboard, Storm Eunice resulted in [...]
Home transactions settle back to pre-Covid levels with ‘best sellers’ market in decades’ February 22, 2022 More than 85,000 homes changed hands in January, with property transactions up on pre-Covid averages, HMRC data has revealed. Official figures show that the provisional non-seasonally adjusted estimate of UK residential transactions for January 2022 was 85,520. This was 22.2 per cent lower than December 2021. There were seven per cent more transactions than the [...]
Caffè Nero sales almost hitting pre-Covid levels despite Omicron dent February 22, 2022 Coffee chain Caffè Nero has said its sales have returned to more than 90 per cent of pre-Covid levels. The firm reported trading for its half-year to November 2021, as well as annual results for the financial year ended May 2021. While the mergence of the Omicron Covid variant saw office workers working from home, [...]
ASOS to debut on main market of London Stock Exchange February 21, 2022 Online fashion retailer ASOS will make its debut on the main market of the London Stock Exchange on Tuesday morning. In a confirmatory note yesterday, the retailer said its ordinary shares would be admitted to trading on the main market of the LSE. Monday was the retailer’s last day of trading on AIM, with shares [...]
Stock squeeze hindering buyers’ house hunts February 21, 2022 Nine in ten buyers have said a lack of houses on the market is hampering their property hunt. Buyers searching at the top end of the market have felt the impact of the stock crunch the most. Some 94 per cent of buyers with a budget of £1m and above reporting a lack of choice, [...]
Roof of O2 Arena in London ripped to pieces as Storm Eunice batters UK February 18, 2022 The O2 venue in London has been damaged by strong gusts of wind, video footage on social media has shown.
Hermès shares dip as handbag maker’s growth slowed by production caps February 18, 2022 Luxury handbag maker Hermès has reported sales growth slightly below expectations, pushing its share price down on Friday morning. The French luxury group reported sales growth of 11 per cent in the final quarter of 2021. This was slightly below expectations due to its own production curbs, which it said it “anticipated”. Shares were down [...]
Profit jump for property developer Segro as dividend raised February 18, 2022 Property developer Segro has posted surging profit as it hikes its final dividend. In results for the year ended 31 December 2021, the London-based firm reported pre-tax profit of £356m. This was a leap of 20 per cent compared with the prior year, when 2020 profit stood at £296m The company raised its final dividend [...]
